Common use of year Option to Extend Clause in Contracts

year Option to Extend. Provided Tenant has extended the Lease for an additional five (5) year period pursuant to Lease Paragraph 43 ("Second Five Year Option To Extend"), Landlord hereby grants to Tenant a third option to extend the Term of this Lease for an additional five (5) year period upon the following terms and conditions: A. Tenant shall give Landlord written notice of Tenant's exercise of this option to extend at least one hundred eighty (180) days prior to the expiration of the Lease Term as extended pursuant to Lease Paragraph 43 ("Second Five Year Option To Extend"), in which event the Lease shall be considered extended for an additional five (5) year period upon the same terms and conditions as this Lease, absent this Paragraph 3 and subject to the Rental as set forth below. In the event that Tenant fails to timely exercise Tenant's option as set forth herein in writing, Tenant shall have no further option to extend this Lease or the Other Leases, and this Lease shall continue in full force and effect for the full remaining term hereof, absent this Paragraph 3. B. The monthly Basic Rent for the option period shall be as follows in the event the option is exercised: Period Monthly Basic Rent ------ ------------------ Months 1-12 $2.36/sf Months 13-24 $2.41/sf Months 25-36 $2.46/sf Months 37-48 $2.51/sf Months 49-60 $2.56/sf C. Notwithstanding anything contained herein, Tenant may not exercise the option to extend granted by this Paragraph 3 at any time that Tenant is in default (default for monetary and material default for non-monetary) of its obligations under this Lease, if Tenant has received written notice from Landlord that Tenant is in default, and such default has not been timely cured within the time period provided for in this Lease; provided, however, that if such default of Tenant is not for money due under this Lease and cannot be cured, and if Landlord does not elect to terminate this Lease as a result of such non-curable default by Tenant, Tenant may exercise the option to extend granted by this Paragraph 3 notwithstanding such non-curable default.

year Option to Extend. Provided Tenant has extended the Lease for an additional five (5) year period pursuant to Lease Paragraph 43 ("Second Five Year Option To Extend"), Landlord hereby grants to Tenant a third option to extend the Term of this Lease for an additional five (5) year period upon the following terms and conditions: A. Tenant shall give Landlord written notice of Tenant's exercise of this option to extend at least one hundred eighty (180) days prior to the expiration of the Lease Term as extended pursuant to Lease Paragraph 43 ("Second Five Year Option To Extend"), in which event the Lease shall be considered extended for an additional five (5) year period upon the same terms and conditions as this Lease, absent this Paragraph 3 and subject to the Rental as set forth below. In the event that Tenant fails to timely exercise Tenant's option as set forth herein in writing, Tenant shall have no further option to extend this Lease or the Other Leases, and this Lease shall continue in full force and effect for the full remaining term hereof, absent this Paragraph 3. B. The monthly Basic Rent for the option period shall be as follows in the event the option is exercised: Period Monthly Basic Rent ------ ------------------ Months 1-12 $2.362.25/sf Months 13-24 $2.412.30/sf Months 25-36 $2.462.35/sf Months 37-48 $2.512.40/sf Months 49-60 $2.562.45/sfsf Quantum 1 C. Notwithstanding anything contained herein, Tenant may not exercise the option to extend granted by this Paragraph 3 at any time that Tenant is in default (default for monetary and material default for non-monetary) of its obligations under this Lease, if Tenant has received written notice from Landlord that Tenant is in default, and such default has not been timely cured within the time period provided for in this Lease; provided, however, that if such default of Tenant is not for money due under this Lease and cannot be cured, and if Landlord does not elect to terminate this Lease as a result of such non-curable default by Tenant, Tenant may exercise the option to extend granted by this Paragraph 3 notwithstanding such non-curable default.

year Option to Extend. Provided Tenant has extended the Lease for an additional five (5) year period pursuant to Lease Paragraph 43 42 ("Second Five Year Option To Extend"), Landlord hereby grants to Tenant a third option to extend the Term of this Lease for an additional five (5) year period upon the following terms and conditions: A. Tenant shall give Landlord written notice of Tenant's exercise of this option to extend at least one hundred eighty (180) days prior to the expiration of the Lease Term as extended pursuant to Lease Paragraph 43 42 ("Second Five Year Option To Extend"), in which event the Lease shall be considered extended for an additional five (5) year period upon the same terms and conditions as this Lease, absent this Paragraph 3 and subject to the Rental as set forth below. In the event that Tenant fails to timely exercise Tenant's option as set forth herein in writing, Tenant shall have no further option to extend this Lease or the Other Leases, and this Lease shall continue in full force and effect for the full remaining term hereof, absent this Paragraph 3. B. The monthly Basic Rent for the option period shall be as follows in the event the option is exercised: Period Monthly Basic Rent ------ ------------------ Months 1-12 $2.362.33/sf Months 13-24 $2.412.38/sf Months 25-36 $2.462.43/sf Months 37-48 $2.512.48/sf Months 49-60 $2.562.53/sf C. Notwithstanding anything contained herein, Tenant may not exercise the option to extend granted by this Paragraph 3 at any time that Tenant is in default (default for monetary and material default for non-monetary) of its obligations under this Lease, if Tenant has received written notice from Landlord that Tenant is in default, and such default has not been timely cured within the time period provided for in this Lease; provided, however, that if such default of Tenant is not for money due under this Lease and cannot be cured, and if Landlord does not elect to terminate this Lease as a result of such non-curable default by Tenant, Tenant may exercise the option to extend granted by this Paragraph 3 notwithstanding such non-curable default.

year Option to Extend. Provided Tenant has extended the Lease for an additional five (5) year period pursuant to Lease Paragraph 43 42 ("Second Five Year Option To Extend"), Landlord hereby grants to Tenant a third option to extend the Term of this Lease for an additional five (5) year period upon the following terms and conditions: A. Tenant shall give Landlord written notice of Tenant's exercise of this option to extend at least one hundred eighty (180) days prior to the expiration of the Lease Term as extended pursuant to Lease Paragraph 43 42 ("Second Five Year Option To Extend"), in which event the Lease shall be considered extended for an additional five (5) year period upon the same terms and conditions as this Lease, absent this Paragraph 3 4 and subject to the Rental as set forth below. In the event that Tenant fails to timely exercise Tenant's option as set forth herein in writing, Tenant shall have no further option to extend this Lease or the Other Leases, and this Lease shall continue in full force and effect for the full remaining term hereof, absent this Paragraph 34. B. The monthly Basic Rent for the option period shall be as follows in the event the option is exercised: Period Monthly Basic Rent ------ ------------------ Months 1-12 $2.362.42/sf Months 13-24 $2.412.47/sf Months 25-36 $2.462.52/sf Months 37-48 $2.512.57/sf Months 49-60 $2.562.62/sf C. Notwithstanding anything contained herein, Tenant may not exercise the option to extend granted by this Paragraph 3 4 at any time that Tenant is in default (default for monetary and material default for non-monetary) of its obligations under this Lease, if Tenant has received written notice from Landlord that Tenant is in default, and such default has not been timely cured within the time period provided for in this Lease; provided, however, that if such default of Tenant is not for money due under this Lease and cannot be cured, and if Landlord does not elect to terminate this Lease as a result of such non-curable default by Tenant, Tenant may exercise the option to extend granted by this Paragraph 3 4 notwithstanding such non-curable default.

year Option to Extend. Provided Tenant has extended the Lease for an additional five (5) year period pursuant to Lease Paragraph 43 ("Second Five Year Option To Extend"), Landlord hereby grants to Tenant a third option to extend the Term of this Lease for an additional five (5) year period upon the following terms and conditions: A. Tenant shall give Landlord written notice of Tenant's exercise of this option to extend at least one hundred eighty (180) days prior to the expiration of the Lease Term as extended pursuant to Lease Paragraph 43 ("Second Five Year Option To Extend"), in which event the Lease shall be considered extended for an additional five (5) year period upon the same terms and conditions as this Lease, absent this Paragraph 3 and subject to the Rental as set forth below. In the event that Tenant fails to timely exercise Tenant's option as set forth herein in writing, Tenant shall have no further option to extend this Lease or the Other Leases, and this Lease shall continue in full force and effect for the full remaining term hereof, absent this Paragraph 3. B. The monthly Basic Rent for the option period shall be as follows in the event the option is exercised: Period Monthly Basic Rent ------ ------------------ Months 1-12 $2.36/sf Months 13-24 $2.41/sf Months 25-36 $2.46/sf Months 37-48 $2.51/sf Months 49-60 $2.56/sfQuantum 2 C. Notwithstanding anything contained herein, Tenant may not exercise the option to extend granted by this Paragraph 3 at any time that Tenant is in default (default for monetary and material default for non-monetary) of its obligations under this Lease, if Tenant has received written notice from Landlord that Tenant is in default, and such default has not been timely cured within the time period provided for in this Lease; provided, however, that if such default of Tenant is not for money due under this Lease and cannot be cured, and if Landlord does not elect to terminate this Lease as a result of such non-curable default by Tenant, Tenant may exercise the option to extend granted by this Paragraph 3 notwithstanding such non-curable default.

year Option to Extend. Provided Tenant has extended the Lease for an additional five (5) year period pursuant to Lease Paragraph 43 ("Second Five Year Option To Extend"), Landlord hereby grants to Tenant a third an option to extend the Term term of this Lease for an additional five (5) year period upon the following terms and conditions: A. If Tenant elects to exercise the option to extend, Tenant shall give Landlord written notice of Tenant's exercise of this option to extend at least one hundred eighty (180) days prior to the expiration of the Lease Basic Term as extended pursuant to Lease Paragraph 43 ("Second Five Year Option To Extend")hereof, in which event the Lease shall be considered extended for an additional five (5) year period upon the same terms and conditions as this Lease, absent this Paragraph 3 41 and subject to the Rental rental as set forth below. In the event that Tenant fails to timely exercise Tenant's option as set forth herein in writing, Tenant shall have no further option to extend this Lease or the Other LeasesBuilding 7 Lease, and this Lease shall continue in full force and effect for the full remaining term hereof, absent this Paragraph 341. B. The monthly Basic Rent for the option period shall be as follows in the event the option is exercised: Period Monthly Basic Rent ------ ------------------ Months 1-12 $2.362.35/sf Months 13-24 $2.412.40/sf Months 25-36 $2.462.45/sf Months 37-48 $2.512.50/sf Months 49-60 $2.562.55/sf C. Notwithstanding anything contained herein, Tenant may not exercise the option to extend renew granted by this Paragraph 3 41 at any time that Tenant is in default (default for monetary and material default for non-monetary) of its obligations under this Lease, if Tenant has received written notice from Landlord that Tenant is in default, and such default has not been timely cured within the time period provided for in this Lease; provided, however, that if such default of Tenant is not for money due under this Lease and cannot be cured, and if Landlord does not elect to terminate this Lease as a result of such non-curable default by Tenant, Tenant may exercise the option to extend granted by this Paragraph 3 41 notwithstanding such non-curable default.